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Ep. 916: JC de Swaan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Magic Hand Saved Goldman Sachs and Morgan Stanley

There's something unfair about the fact that the public essentially saves large companies. As a result, you had banks that benefited dramatically from a lot of risk taking. They got the benefits of the upside, but then all the downside in a sense was socialized and borne by the public.

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